On Jan 07, major Wall Street analysts update their ratings for $Crown Holdings (CCK.US)$, with price targets ranging from $88 to $111.
BofA Securities analyst George Staphos maintains with a buy rating, and sets the target price at $101.
Citi analyst Anthony Pettinari maintains with a buy rating, and adjusts the target price from $110 to $111.
Wells Fargo analyst Gabrial Hajde maintains with a hold rating, and adjusts the target price from $105 to $88.
Mizuho Securities analyst John Roberts CFA maintains with a buy rating, and adjusts the target price from $106 to $100.
Truist Financial analyst Michael Roxland maintains with a hold rating, and adjusts the target price from $103 to $104.
Furthermore, according to the comprehensive report, the opinions of $Crown Holdings (CCK.US)$'s main analysts recently are as follows:
The analyst noted that Packaging underperformed the S&P 500 by about 22% in 2024, while the Paper/Forest sector saw a relative decline of 7%, with ongoing volume weakness as a recurring theme. They expressed a preference for Packaging over Paper/Forest.
Packagers experienced a notable underperformance in 2024, attributed to subdued volumes and price/cost pressures which led to negative revisions of estimates throughout the year. Remarkably, though, CEOs in the packaging industry have demonstrated a heightened sense of urgency, actively pursuing mergers and acquisitions to mitigate these challenges.
Here are the latest investment ratings and price targets for $Crown Holdings (CCK.US)$ from 5 analysts:
Note:
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